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Rockwood Ave, St Catharines
Offer Date: FIRST COME FIRST SERVED
Closing Date: January 15th, 2026
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Cosmetic Renovation: With many comparable properties selling decently quick once renovated, a buyer has the opportunity to enter the spring market with an entry level property at a entry level price! Not only will that appeal to first time home buyers but also homeowners looking to downsize!
- Rental: With an existing in-law suite already in place and comparable two-unit properties renting for approximately $4,200 per month in total, there is a strong opportunity to modernize the units, attract AAA tenants, and enjoy solid cash flow.
Property Overview
Details
- Semi Detached, Raised Bungalow
- Beds: 2+1
- Baths: 2
- 1 full on main floor
- 1 full bathroom in the basement
- 869 sqft above grade & 849 sqft below grade
- Finished basement, 7-8 ft in height
- Basement has separate walkout entrance from back of house
- Full finished 1 bedroom apartment
- Built in 1976
Mechanical & Systems
- Electrical: 100 amp breaker panel, copper wiring as per seller
- Furnace: Owned, installed in 2011 as per seller
- A/C: Owned, installed in 2011 as per seller
- HWT: Rental, seller unsure of age
- Appliances included: 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers in as is condition
Roof & Exterior
- Roof: Shingles are in good shape as per seller, believes they were replaced in 2006
- fascia and soffit need some repairs
- Windows: most replaced 20 years ago, all vinyl windows in good shape
- Deck: Good shape as per seller, all wood planks
- Driveway: Although covered in snow, seller mentioned the driveway can be re-asphalted/paved
Lot & Location
- 32 ft x 100 ft lot
- Property taxes are approx. $3,550
- Zoning R1
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- Fireplace is not functional
- Water is off and heat is very low to prevent pipes bursting
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Rental opportunity.
- Wholesale Price: $359,999
- We believe that after the recommended renovations are completed, this property should be worth at least $560,000 on the MLS
Comparable Analysis |
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| 200 St Augustine Dr sold for $570,000 in September 2025 after 21 days on the MLS! This semi detached backsplit consists of 4 total bedrooms, 2 bathrooms and is approximately 700-1100sqft, very similar to the subject property. The comparable sits on a similar 30ft x 109ft lot and also has a walkout basement with an apartment! The comparable has been beautifully renovated and would be considered a full ARV property. Keep in mind the property has a lease for both units, generating $4200/month which the new buyer needed to assume (as per the listing) Therefore we believe after making adjustments, the subject property would sell for a price around $560,000 after a full renovation! |
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| 31 Deborah Court sold for $540,000 in October 2025 after 60 days on the MLS! This semi detached backsplit consists of 3+1 beds, 2 full bathrooms and sits on a pie shaped 19 ft x 157 ft lot. As per the listing, the property is approximately 700-1100sqft. The comparable has been tastefully renovated on the main floor and upper floor, however the basement still has carpeting and basic finishes. Also, the comparable does not have a finished apartment in the basement therefore lacks the rental potential for any end user. After appropriate adjustments, we believe the subject property would sell for $560,000 after a full renovation. |
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